Cryptocurrencies have not had a good week.

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Some of the biggest tokens, from Bitcoin (BTC) to Ethereum (ETH), have seen their values tumble over the first five days of June.

Take Bitcoin, which has fallen more than 15% this week to about $62,300 per coin. The coin is down over 23% over the last month and more than 40% year-over-year (YOY).

Bitcoin saw significant growth following the 2024 presidential election, and that growth largely continued through the first months of President Trump’s return to the White House, reaching a high of $126,279.63 in October 2025. The Trump administration’s crypto-friendly agenda had been viewed favorably among many Bitcoin investors.

However, Bitcoin’s…